Market News Production of PET Sheets from Waste by Octal Plant in Ohio March 3, 2014 by plasticsinfomart Octal Petrochemicals LLC FCZ has millions of expenditure now and is in strategic planning to spend millions of more lately as the PET sheet and resin maker plants is its earliest or probably first manufacturing flag in the United States. The company’s recently minted decision to create a new facility in West Chester, Ohio, will […] Read more »
Industry ARBURG Ltda. Brazil receives PPR award March 3, 2014 by plasticsinfomart • Trade journal „ Plásticos em Revista“ bestows award to Arburg Ltda. for first time • Company receives Prêmio Plásticos em Revista Award PPR in the “Imported Machines” category • Award based exclusively on customer surveys Lossburg. There was a great deal of delight when subsidiary manager Kai Wender accepted the award during a reception […] Read more »
Market News China’s PS market sinks to yearly lows March 3, 2014 by plasticsinfomart In China, PS prices saw their lowest levels of the past year, both in the local and import markets as per the pricing service of ChemOrbis. Lower upstream costs and weaker buying interest were amongst the main reasons behind this decreasing trend since spot styrene costs on FOB Korea basis also sank to yearly lows. […] Read more »
Industry BPF Showcases Danish Opportunity March 3, 2014 by plasticsinfomart The BPF played host this week to a 26 strong delegation from the Copenhagen Cleantech Cluster which was visiting the UK to study the UK plastics waste management systems, particularly the operation of plastics recycling. Representatives from all interest groups in the Danish waste management network participated in a lively an informative forum chaired by […] Read more »
Industry NDC Announces the Appointment of Mahesh Havildar as VP Global Operations March 3, 2014 by plasticsinfomart IRWINDALE, CA, February 27th 2014 – (www.ndc.com) – NDC Infrared Engineering is pleased to announce the appointment of Mahesh Havildar as Vice President of Global Operations for its Sensors, Systems and Metals Divisions. Mr. Havildar is responsible for overall manufacturing operations including production, quality, supply chain, material planning, project management, shipping logistics, radiation safety and […] Read more »
Recycling News Majority stake in Dr. Collin acquired by recycling equipment maker NGR March 3, 2014 by plasticsinfomart A majority stake in German specialty machinery maker Dr. Collin GmbH has acquired by NGR Next Generation Recyclingmaschinen GmbH. A wide range of equipments like laboratory and pilot-scale equipments for extrusion process are manufactured by Dr. Collin. NGR, which is based in Feldkirchen, Austria, produces recycling equipment and Dr. Collin is in Ebersberg, Germany. NGR […] Read more »
Market News Shake-up in the global Polyethylene film market March 1, 2014 by plasticsinfomart AMI Consulting, Bristol, 26/02/2014 – According to a recently published study by leading industry consultants, Applied Market Information Ltd (AMI Consulting), among the factors that will significantly impact the growth of PE film usage as well as the level of global trade in finished film will be shale gas development in the U.S. This will […] Read more »
Market News Spot ethylene prices climb in Asia March 1, 2014 by plasticsinfomart Spot ethylene costs have been steadily rising in Asia in contrast to comparatively weaker downstream markets mainly driven by current and upcoming cracker turnarounds, as per the pricing service of ChemOrbis. Higher ethylene prices received support also from firmer upstream costs in the region as energy and naphtha markets moved up with respect to the […] Read more »